News Details
Category : Market
Headline : Indices trade lower; Axis Bank, M&M top losers
Date: 29/06/2020 14:47
Domestic bourses continued to trade lower during the late noon trading session on the back of profit booking seen in the metal, banking, IT and infra names.

Meanwhile, Rupee ends at 75.58 per US dollar against June 26 close of Rs 75.63 per US dollar. It opened flat at 75.63 per dollar.

At 14:40 hours, the 30-share benchmark index was trading at 34886.89 down by -284.38 points or by -0.81 % and then NSE Nifty was at 10298.35 down by -84.65 points or by -0.82 %.

Sensex touched intraday high of 34969.16 and intraday low of 34662.06 The NSE Nifty touched intraday high of 10325.9 and intraday low of 10223.6

The top gainers of the BSE Sensex pack were ITC Ltd. (Rs. 199.75,+2.38%), HDFC Bank Ltd. (Rs. 1073.00,+1.65%), Hindustan Unilever Ltd. (Rs. 2184.80,+1.41%), Mahindra & Mahindra Ltd. (Rs. 506.15,+0.90%), Bharti Airtel Ltd. (Rs. 564.95,+0.83%), among others.

The top losers of the BSE Sensex pack were Axis Bank Ltd. (Rs. 404.45,-4.85%), Mahindra & Mahindra Ltd. (Rs. 542.25,-3.35%), Bajaj Finance Ltd. (Rs. 2813.30,-3.13%), IndusInd Bank Ltd. (Rs. 477.30,-3.06%), State Bank of India (Rs. 179.00,-3.03%), among others.

Among the sectors, FMCG index was at 11283.88 up by 138.98 points or by 1.25%. Avanti Feeds Ltd. (Rs. 529.05,+12.21%), Coastal Corporation Ltd. (Rs. 246.95,+8.48%), EID Parry (India) Ltd. (Rs. 291.65,+7.07%), Shree Renuka Sugars Ltd. (Rs. 10.78,+4.97%), Sanwaria Consumer Ltd. (Rs. 3.82,+4.95%),.

Metal index was at 7158.98 down by -231.44 points or by -3.13%. National Aluminium Company Ltd. (Rs. 31.80,-5.07%), Coal India Ltd. (Rs. 134.75,-5.07%), NMDC Ltd. (Rs. 80.15,-4.75%), Hindalco Industries Ltd. (Rs. 144.70,-4.17%), Steel Authority of India (SAIL) Ltd. (Rs. 29.50,-3.44%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3046 , shares advanced were 1156 while 1747 shares declined and 143 were unchanged.